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BLK

#

2023

BlackCoin

All-time high price

$1.15

Set 5 years ago

on January 6th, 2018 at 12:00:00 AM UTC

The all-time highest price ever paid for BlackCoin was 1.15 USD. This ATH price was set on January 6th, 2018.

About BlackCoin

Description

BlackCoin started of as a Proof of Work coin but has evolved to a unique version of Proof of Stake. Wallet users can unlock wallet for staking only.

BlackCoin features the following specifications:

- Extremely secure: Among first with fix on SSL heartbeat, Transaction malleability, BIP66

- The probability to sign a block and the block reward does not depend on coinage (anymore).

- Recommended confirmations: 10, maturity: 500

- Minimum transaction fee: 0.0001 BLK

- Defined block time target: 64 seconds

- Max reorganization depth: 500 blocks

- Inflation: about 0.95%.

- PoS block reward: 1.5 BLK + fees

- The accumulated reward is proportional to the total balance and the time of staking. 24/7 staking at current network weight leads to an expected reward ratio (interest rate) of about 5%.

- BlackCoin rewards users who supports the blockchain through continuous staking.

Market Cap

$840,934

Website and Block Explorer Links

The ticker symbol "BLK" also represents other assets

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